TorontoStarts and 100 Steps 2 Startup Present "The 3 Biggest Mistakes Entrepreneurs Make" with Dr Sean Wise
Dr. Sean Wise has seen over 30,000 ventures pitched including his years working with Dragon's Den and Shark Tank and he takes us through the process of finding and validating your startup idea utilizing hypothesis-driven entrepreneurship.
Dr. Wise discusses the biggest mistakes he has seen and what to avoid. Answering questions on how to find a cofounder, when is the right time to launch, What advice to take and what to skip.
With lots of questions from our live audience Seans talks about what to do if your target customers won't pay, examples around the fire, ready, aim approach, the number one missing attribute of founders, and product-market fit vs founder-market fit
During this interactive session Sean share many stories of working with startups you know, some misses and at the end shares some insights on the recent analysis done of thousands of accelerator applicants and what differentiates the exceptional.
100 Steps 2 Startup covers everything that Sean talked about today plus more - in a step by step format that is easy to follow. It’s based on the proven Lean Startup methodology and it works! If you’re interested you can check it out here: https://100steps2startup.com/entrepreneurs/
Dr. Sean Wise is a best-selling author, venture capitalist and founder of more than half a dozen new ventures. He has spent two decades in the venture capital industry, specializing in supporting high growth ventures at the seed stage.
Dr. Wise is currently a partner at the seed fund, Ryerson Futures. Through that fund, he has supported more than 23 startups, investing in 13. He helped found Ernst & Young’s Venture Capital Advisory Group in Canada and the startups he has supported have raised more than $2.1 billion after training with him.
Dr. Wise started his first startup at age 13, and by 30, he had started and launched 5 new ventures. At 31, he took his first company public. At 40, he was nominated for the Top 40 under 40™ and in 2014, he was named national startup Mentor of the Year.
Dr. Wise helped launch Dragons’ Den, the hit reality show, now in 27 countries, and known as Shark Tank in the USA. After 5 seasons with the show, he moved in front of the camera with his own show on the Oprah Winfrey Network, called The Naked Entrepreneur. He publishes extensively on entrepreneurship. His work has appeared on or in: CNN Financial, The New York Times, Profit Magazine, Fox News and the Globe and Mail. Dr. Wise has written 5 books, including 1 textbook, and published dozens of articles on entrepreneurship and venture capital.
Dr. Wise is a tenured Professor of Entrepreneurship at Ryerson University. He holds both a law degree and an MBA from the University of Ottawa and a PhD in Business from the prestigious Adam Smith School of Business at the University of Glasgow.
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